by Mike Duff | Feb 14, 2024 | Retail Articles
Ace Hardware Corp. suffered a fourth-quarter sales slump, but leadership pointed to positives for the fiscal year in announcing financial results. The fourth quarter net income was $500,000 versus a net loss of $4.6 million in the fiscal year 2022. The approximately...
by Mike Duff | Feb 9, 2024 | Featured News, Retail Articles
In the fourth quarter, Newell Brands did better than Wall Street expected as it pursued a revamped corporate strategy that included initiatives to improve operations. Net loss was $86 million, or 21 cents per diluted share, versus a net loss of $249 million, or 60...
by Mike Duff | Feb 7, 2024 | Retail Articles
As it reported fourth-quarter financials, CVS announced that it had established a new Pharmacy & Consumer Wellness segment, which includes its retail and long-term care pharmacy operations and related pharmacy services, as well as its front store operations, which...
by Mike Duff | Feb 2, 2024 | Retail Articles
In a strong finish to the year, Amazon easily beat Wall Street estimates as sales in North America advanced to double digits and the region turned to profits. In announcing its financial results, Amazon maintained that generative artificial intelligence would be a...
by Mike Duff | Feb 1, 2024 | Retail Articles
Soft discretionary demand and weaker cold weather business lead to declines in fourth-quarter earnings and comparable store sales at Tractor Supply Co., although profits exceeded a Wall Street estimate. Net income slipped to $247.9 million, or $2.28 per diluted share,...
